About Derive
More room for finance to lead.
Derive does the preparation so your team can spend its time on the decision. We’re building it for group businesses that run purchasing and payables across several entities.
Why we built Derive
Finance teams in group businesses carry a lot. Behind every invoice is a purchase that started somewhere else: a request in a message thread, an approval chased by email, a commitment made before the invoice arrived. With every new entity, there is more of it to track.
We built Derive to give that work one place to happen. It starts with purchasing and accounts payable, sits alongside the accounting software groups already use, and keeps every decision with the people responsible for it. Built in Sydney, works globally.
What we believe
Finance carries more than the accounting record. A purchasing decision involves people, context and commitments long before an invoice arrives.
The busy work doesn’t go away. It has to be done before anyone can make a good call. We want it done before finance sits down to decide.
How we work
We prepare the work so it’s ready for review, we keep the people and context behind each decision together, and finance stays responsible for the call.
The people
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Akshat Sondhi
Founder
Akshat Sondhi
Akshat started out in cyber security. He built and sold an earlier company, then moved into procurement advisory before starting Derive.